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Canadian Prime Minister Election Odds

With less than a week to go until the Canadian federal election it's Liberal leader Justin Trudeau who has surged to the top of the odds to be the next Prime Minister of Canada at the sportsbooks.

At Bovada Trudeau is now the -175 favorite on the odds to be the next Prime Minister of Canada, with current PM and Conservative leader Stephen Harper second at +125, and NDP leader Thomas Mulcair a distant third at +1500.

Just a week ago Harper continued to lead the way at Bovada at -150 on the odds to be the next Prime Minister of Canada, with Trudeau at +175 and Mulcair at +600.

Head-to-head matchups are also now available at the sportsbook for the October 19 Canadian election, with the Liberals -2000 favorites to garner more votes than the NDP (+1000), and -200 favorites to garner more votes than the Conservatives (+150). The Conservatives are -2000 favorites to win the head-to-head vote battle with the NDP (+1000).

And 'No' is the -700 favorite at Bovada on the prop question of whether there will be a majority Canadian government elected on October 19, with 'Yes' the +400 underdog. Way back on August 25 the No side was a slightly smaller favorite at -500 at the sportsbook.

Which party will garner more votes in the Federal Election?

Will there be a majority Canadian government?

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Stephen Harper is surging and Thomas Mulcair is sinking on the latest odds to be the next Prime Minister of Canada at the online sportsbooks, with election day on October 19.

At Bovada back on September 23 it was Conservative leader (and current PM) Harper sitting as the +140 favorite on the odds to be the next Prime Minister of Canada, with NDP leader Mulcair at +160, and Liberal leader Justin Trudeau at +225 at the sportsbook.

With the election less than two weeks away, however, Harper is now the clear favorite at -150 on the political betting lines, with Trudeau at +175, and Mulcair well back at +600. Reports of weakening support for the NDP in the province of Quebec has put on a damper on pundits' expectations for them in the election.

Who will be the next Prime Minister of Canada?

Will Conservative leader Stephen Harper be re-elected as the Prime Minister of Canada in October? Oddsmakers at the online sportsbooks have him listed as the slight favorite on the political betting props with the 11-week campaign now in full swing.

Recently, NDP leader Thomas Mulcair had pulled into a tie, according to the Bovada Canadian election odds. But, to the chagrin of many Harper haters out there, the line is currently +140 for Harper and +160 for Mulcair.

At the outset of the election at Bovada Harper had been at +130 with NDP leader Thomas Mulcair at +150 on the odds to be the next Prime Minister of Canada, with the lines now having changed slightly. The sportsbook has maintained Liberal leader Justin Trudeau a step back of them at +250 on those betting lines, but his odds have shortened to +225 in the latest update.

"We are starting to see an uptick in betting and should see a spike as the election date nears,” said Adam Burns of Bodog.eu.

“It’s not nearly the amount of wagering as we are seeing on the US election with all the hype around Donald Trump, but we know from experience there will be action at the betting window as action at the polling station nears.”

He said Wednesday that the current breakdown of betting is 47% on Harper, with 30% on Mulcair and 23% on Trudeau. As far as betting volume goes, he said Canadians wager far less than their American neighbors, adding that a typical sportsbook may see 10 times as many wagers on American elections than on Canadian elections.

When odds opened the final vote order for the election had NDP-Conservative-Liberal and Conservative-NDP-Liberal as the +175 co-favorites, with NDP-Liberal-Conservative and Conservative-Liberal-NDP both at +400. At the dissolution of parliament the Conservatives had 159 seats, with the NDP at 95, and the Liberals at 36. Those betting lines are currently offline but will be updated again shortly.

As well, a minority government had been the favored result of the 2015 Canadian Federal Election at open at -500, with a majority government the +300 underdog at Bovada. Harper and the Conservatives won a majority in 2011 after minority wins in 2006 and 2008.

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